Follow up to our Feb 1 '2025 update. Not to sound alarmist., but there is still continued deterioration in the SPX.
As long as 5900 holds with 5800 on the outside., we are still within the framework of the bull market., albeit a weak one if those levels come in the first place. However, a crazy sellout could just materialize out of nowhere. Would not recommend any buying at lower levels.
Better to buy at the blowout move at 6100+. always be cautious of a false move.
This is just an informative record ., and not a recommendation to buy or sell. I am not a licensed professional.
Stay Profitable. Stay Healthy.